990 Lee-Ann Dr Concord, NC 28025
- Office Properties & Spaces
- 6,587 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 990 Lee-Ann Dr
- Property size
- 6,587 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Class A office building, located at 990 Lee-Ann Drive in Concord, NC, presents a compelling investment opportunity. The 6,587 square foot, two-story building sits on 0.77 acres and boasts a desirable C-1 zoning. Currently 70% occupied, with a tenant (Younce CPA) under lease until June 2028, occupying 4,737 square feet, this property offers immediate income potential. The first floor features 1,850 square feet of rentable space, ideal for an owner-occupant. The recently renovated second floor includes new carpeting, paint, a modern kitchen, and updated restrooms. Multiple points of entry provide convenient access for both tenants and the owner. The layout is highly functional, encompassing numerous private offices, two large conference rooms, and two separate breakrooms. Situated minutes from Carolina Mall, Atrium Health Cabarrus, and a variety of retail and dining options, this property enjoys excellent visibility and accessibility. Its prime location offers easy access to I-85 and Concord Parkway (Highway 29), placing it within a 30-minute commute of Charlotte's city center. Built in 1986, this stabilized investment is priced at $1,700,000, with a price per square foot of $258.08. The property is offered as a NNN lease. This is a rare opportunity to acquire a well-maintained, income-producing office building in a thriving Concord location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.5972
- Latitude
- 35.4433